Determinants of Effective Capacity

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Presentation transcript:

Determinants of Effective Capacity Facilities Product and service factors Process factors Human factors Operational factors Supply chain factors External factors

Make or Buy Available capacity Expertise Quality considerations The nature of demand Cost Risk

Evaluating Alternatives Cost-volume analysis Financial analysis Cash flow Present value Decision theory Waiting-line analysis

Decision Environments Certainty Risk Uncertainty

Decision Making Under Uncertainty Maximin Maximax Laplace Minimax regret

Decision Making Under Risk Expected monetary value Examples

Decision Trees Decision point Chance event Examples

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